The San Saba news. [volume] (San Saba, Tex.) 1873-1966, 1887-06-10
THE WESTERN BOOM.
81. Joseph, NO.. still Leading All Compete
tors IN Real Estate Deals md fhe Aeeui-
sfffan NJ "a hsfn urfnl Euterprises-

81. Joseph, NO.. sTiiI Leading All Compete
tors IN Real Estate Deals md ahe Aeaui-
sIfion Of subsfanrinl Enterprises
The most noticeable real estate activity
continues to prevail at St Joseph, No.
savs a correspondent Of an Eastern paper.
Packing houses and other industrial en-
ter5rises. among them the Louisiana To
haeco Works, are going in at lively
nate; one of thej chief evidences Of tho
growth Of the city being the granting of
franchise TO a syndicate Of Kansas City
capitalists for the construction of an ex-
tensive system OF cable lines, to be COM
menced at onoe, and to cost $500, 900
The best evidence, however, is in the show
ing Of actual transactions closed in one week
recently. ". A p. Mcdonald bought 90
iots in Eastern Extension for $l0,5Oo. He
sold 81 OF them for $1,000, and sold
the balance at an advance OF $50 per foot
in cost Sam Nave and J. S Britton
bought Il lot in Patee's addition for
s20o0 and sold for 5000 in four DAYS.
". H. Constable bought lot .. block 81,
St Joseph Extension, for 500. and sold
for $50 J. 5. Blackwilder, of Chicago,
bought eighty feet, southeast corner OF
been oiferel nearly double that for IL ana
refused it J. N. Hill paid 5000 for
northeast corner Of Second and Francis,
and has since refused $500. c. W. Brown
bought two lots on St Joseph avenue for 81,
so, and sold IN SIX days for $500. John
Kelly bought two lots in Eastern Extension;
he paid 500: in thirty DAYS he sold for $500;
il has since been resold for 81 zoo.
J. j. Tyler bought lot in Eastern Ex-
tension for Sl2j and sold to Hubbard for
SiJe, who has since been offered 500. l.
F. Carter bought a lot in January in KEN
per's addition for 500. In three days
after be was offered 81 900. and since then
5000 He bought four lots in Rohidoux
addition for 5000; sold for $4,000, and
his purchaser sold for s, 900 Mrs n.
~ Brewster bought three lots for $500
and sold for Sl,lO in three days, and in
four days they were resold for 81 400, n.
G. Griswold bought six lots in East st.
Jo8eph for 500 and sold the next day
for $40, also three others = 500
and resold in three weeks for 1900,
One Of the publishers OF Hoye's Direc-
tory, speaking Of the Western cities and the
prevailing boom, writes Us follows of st.
joseph. where he has just issued the Di-
rect0ry for 1857; Not only has st, Joseph
increased in population at a most satisfac-
tory rate, there being an increase in one
year Of .. so. while the total population in
round numbers is shown 20 he 6O,000: but
she has undergone n spirited revival that
augurs the outstripping Of all competition.
Ten years ago the city had Iscarcely a dozen
manufactures whereas the year 81 finds
Der with some 40 OF all kinds, with thirteen
railroads, the largest stockyarIls west of
Chicago, some thirteen miles OF streets,
paved with asphaluIm, and as many miles
more under contract with the electric motor
soon 10 be in operation on two OF the car
lines and the cable line an assured fact, and
new enterprises Swinging up daily on every
hand. The demand for real estate has
been steady and active, For the past year
St Joseph has led almost continually the
other cities Of the United States in bank
ciesrances, the per cent. Of increase over
isSsi reaching in one case 1907, and up to
date maintaining an average Of almost 100.
Down 10 Dec 81, 1Ss6, St Joseph's job
hing houses did a business of Sll0,539,-
On showing an Increase in the business of
IS.i over that Of 1865 Of $23, i'll ,02S A
fair indication Of the increasing business
may be sought in the fact that st. Joseph
now employs force Of commercial travellers
numbering ,0i3 ihen.s
St Joseph. more than any other West
erm town, offers the best inducements to
men Of small capital 70 commence a manu-
featuring business and TO mechanics and
laborers to lind employment and build de
sirable homes